$TRUMP This sell-off isn’t just a simple dump. OI dropped along with it. On the 1h contracts, open interest decreased by 3.23%, and the notional change is close to -2M USDT. Aggressive trading divergence was -16.7%, and the buy/sell ratio is 0.71.
Price broke below the lower bound of the recent 20x 5m K range. Trading volume on the 15m timeframe hit 2.35x, and volatility Z is 2.41.
Longs deleveraged, took stop-losses, and reduced positions—this isn’t fresh shorts entering, it’s old longs exiting. The closing price has already broken the boundary of the recent range, and the pool’s OI percentile is 98% (ranked #1).
With this structure, after a sharp drop there could be a rebound, but positions were already pulled back first—don’t rush to catch it.
Price broke below the lower bound of the recent 20x 5m K range. Trading volume on the 15m timeframe hit 2.35x, and volatility Z is 2.41.
Longs deleveraged, took stop-losses, and reduced positions—this isn’t fresh shorts entering, it’s old longs exiting. The closing price has already broken the boundary of the recent range, and the pool’s OI percentile is 98% (ranked #1).
With this structure, after a sharp drop there could be a rebound, but positions were already pulled back first—don’t rush to catch it.